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Entertainment Network (India) Limited

ENIL.BOBSE
111.50
-0.65(-0.58%)
Indian Market opens in 16h 45m

Entertainment Network (India) Limited (ENIL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Entertainment Network (India) Limited (BSE:ENIL.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ENIL.BO Technical Analysis Summary

Entertainment Network (India) Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.66)
Trend Strength:Strong (ADX: 33.55)
Volatility:High (ATR: 5.70)
Support/Resistance:$111.57 – $124.91 (Bollinger Bands)

Technical conditions suggest Entertainment Network (India) Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.66

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.60

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.73

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.05

Strongly Bearish
Sharp downside momentum.

Takeaway:Entertainment Network (India) Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.70

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.55

Strong
Strong trend, momentum well established.

ATR (14): 5.70

High
High volatility, wide price fluctuations.

CCI (14): -137.30

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Entertainment Network (India) Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$124.91
Middle Band (SMA 20)
$118.24
Lower Band
$111.57
Current Position
Below Lower Band

Takeaway:Entertainment Network (India) Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$127.86
Middle Line (EMA 20)
$116.46
Lower Channel
$105.07
Squeeze Status
Squeeze On

Takeaway:Entertainment Network (India) Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-56.73K
Money Flow Index39.11Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.46Bearish, price momentum favors sellers.

Overall Takeaway:ENIL.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Entertainment Network (India) Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Entertainment Network (India) Limited are mixed, suggesting a Hold or wait-and-see approach.

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